Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggeste ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only thing to be changed. The bakery currently makes 1,800 loaves per month. The pay will be $8 per hour for employees and each employee works 160 hours per month. Charles Lackey can also improve the yield $125 per month, but he will achieve the same new output (an increase to 2,610.00) as the change in labor hours. purchasing a new blender. The new blender will mean an increase in his investment. This new blender will mean an increase in his costs of a) Current productivity for 640 work hours = 0.352 loaves/dollar (round your response to three decimal places). If Charles chooses to increase the number of work hours to 928 in order to employ the new oven loading technique, then the productivity is = three decimal places). loaves/dollar (round your response to
Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggeste ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only thing to be changed. The bakery currently makes 1,800 loaves per month. The pay will be $8 per hour for employees and each employee works 160 hours per month. Charles Lackey can also improve the yield $125 per month, but he will achieve the same new output (an increase to 2,610.00) as the change in labor hours. purchasing a new blender. The new blender will mean an increase in his investment. This new blender will mean an increase in his costs of a) Current productivity for 640 work hours = 0.352 loaves/dollar (round your response to three decimal places). If Charles chooses to increase the number of work hours to 928 in order to employ the new oven loading technique, then the productivity is = three decimal places). loaves/dollar (round your response to
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Please view the attached image and answer part b of the question. Please show all work
b) If Charles chooses to increase the number of work hours to 928 in order to employ the new oven loading technique, then the productivity is = ???? loaves/dollar (round your response to three decimal places).
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